MASSEY KNAKAL TAKES JOIZEY!
|At two-months-old, Massey Knakal's New Jersey office is steadily growing, thanks to an opportunistic market. We dropped in on managing director Landon McGaw and First VP of Sales Geoffrey Bailey, who tell us that the expansion was planned for five years, but now was the perfect time: similar NJ offerings are garnering higher returns than New York, especially stabilized multifamily and transit-oriented assets. Clients were already pushing them toward the Garden State, with two-thirds potentially interested in investing there. (The other third are sitting in the tunnel, but they'll get there.)|
|Geoff covers Newark and Eastern Essex; Landon markets Jersey City and Hoboken; and, they're actively hiring for other Jersey areas. Its territory-based seller's rep platform makes Massey Knakal particularly suited for NJ because each area has its own legal,regulatory, and transparency issues, unlike NYC, they say. Amid splitting their time between New York and East Rutherford, Landon's active on many boards, including the Brooklyn Public Library,Brooklyn Philharmonic, and his family's McGaw Foundation, while Geoff's awaiting the birth of his first child this June.|